Mississippi Senate Passes Bill To Legalize Cryp... -

Miners are protected from being classified as money transmitters.

The bill aims to leverage Mississippi's lower electricity rates and attract businesses to abandoned industrial spaces. Mississippi Senate passes bill to legalize crypto mining

It explicitly legalizes operating a node and running a digital asset mining business. Mississippi Senate passes bill to legalize cryp...

Proponents argue that the mining sector can help stabilize the state's power grid.

The legislation, primarily sponsored by Senator Josh Harkins, establishes clear guidelines and legal rights for both residential and commercial cryptocurrency miners. 📜 Key Provisions of the Bill Miners are protected from being classified as money

Local governments cannot impose unfair zoning restrictions or discriminatory energy rates on mining businesses.

Residents are allowed to run nodes for home digital asset mining. 💡 Why Lawmakers Supported It primarily sponsored by Senator Josh Harkins

The in the state.